A lump-sum distribution is just what it sounds like—you take a distribution of all the money in your 401(k) plan in one lump sum. You will qualify to take a lump-sum distribution if you meet the following requirements:
You will have two choices if you go this route.
First United offices will be closed, Saturday, August 20; to celebrate our employees with a company-wide event.
You may still access First United through our ATM Network, or using Online or Mobile banking.